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Brexit – Anything is Possible

10th December 2018

The political cyclone of Brexit reaches another supposedly climactic point this Tuesday. At 7pm GMT, the House of Commons is due to vote on the EU Withdrawal Agreement, and Political Declaration agreed by the EU and UK Prime Minister May in November. The omens do not look good for her;... read more

Posted in: News

Unclaimed UK Estates May Total Billions

15th August 2018

According to the latest figures from the UK Government, there are currently 9,254 unclaimed estates in the UK. With the average value of an estate worth around £150,000, the amount of this unclaimed inheritance could total billions. Sadly this situation means that property, money, personal belongings and other assets... read more

Posted in: Estate Planning

Attention Anyone Living in Scotland

20th December 2016

Those living in Scotland face higher tax bills The Scottish Parliament announced their budget for the 2017/18 tax year on 15 December 2016. Rather surprisingly they have decided to subject Scottish taxpayers to a higher tax bill than those in the rest of the UK. For anyone living in... read more

Posted in: News, Tax

2 + 2 = ????

3rd March 2016

Change is afoot when it comes to pension planning. So if you are happily saving for your pension assuming that you know what your contributions are allowed to be, then be aware of the Chancellor’s latest involvement. From April 2016, if you are earning more than £110,000 you will... read more

Posted in: Financial Planning, News, Pensions, Tax

July 2015 Budget – Take Two

8th July 2015

The main headline grabbers from George Osborne’s Budget announced 8th July 2015 are: Taxation of Dividends – The government will abolish the Dividend Tax Credit from April 2016 and introduce a new Dividend Tax Allowance of £5,000 per year. Income from Rental Property – The Wear and Tear allowance... read more

Posted in: Inheritance Tax, News, Pensions, Tax

Isle of Man Tax Information

27th November 2013

Isle of Man to Share Tax Information with UK Government In a bid to promote greater financial transparency, the Isle of Man is to share tax information with the UK Government. Financial institutions in the Isle of Man will disclose information about the investments of UK residents to relevant... read more

Posted in: News, Tax